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are reaccoureac reacting after steve jobs announces he will resign immediately. he underwent a liver transplant two years ago and had been on medical leave from the company he cope founded since january. in a letter to apple's board jobs wrote in part i've always said if there ever came a day when i could no longer meet my duties and expectations as ceo i'd be the first to let you know. unfortunately, jobs writes, that day has come. joining me now by phone is john fort, at apple headquarters. it really reaches beyond the business world, this guy has touched our lives in so many ways. first of all, why the announcement now? is this purely a health decision? >> reporter: apple has not given us the details on exactly what led up to this. they're kind of telling us the minimum of what we would need to know, but, yes, the subtext behind this has always been that the only thing that would take steve jobs out of this role that he cared so much about as ceo of apple is his health issues got to the point where he didn't feel that he was able to fulfill the ceo duties going forward. so we have to take it
. for more on the international reaction, a preview of what's ahead, we bring in steve, live in london. how do the markets look, steve? >> very good day to you. if you're along these markets it's another torrid start. the asian markets fell over 2% earlier on today, 2.2% was the mean for the lacks of the hang seng and nikkei was down by a similar margin. they were down again. after having rallied. the london market, blue chips down 1 1/2%. germany, the market down 2.1% but the future of the u.s. indices are showing more negativity. the dow futures showing 2.1% lower and the longer context the dow is down 10% in the last two weeks. >> so germany down 2.1%, the futures down here. how much of this, steve, do you think is because of the s&p downgrade, the white house has attacked the s&p saying this is meaningless and got their math wrong but how is everyone reacting. >> we must not forget the s&p warned us back in april they could do this. the market was well prepared for what they were about to do regardless of the politics back in washington. the fact remains though this isn't just the u.s.
bring in steve sedgwick live in london. steve, good morning. >> very good day to you. this apparently has got nothing to do with the s&p downgrading of u.s. sovereign debt from aaa to aa plus. apparently this investigation started beforehand and it's looking in to whether the analysts were overruled by business managerses when they may have wanted to downgrade the value and the rating of mortgage securities. what is unclear is whether the other rating agencies, the likes of fitch it and moody's, are also part of this investigation. let's move on and tell you what's ahead in terms of data releases and it could be key because we have jobless claims, cpi inflation kay take, also existing home sales expected up 4%. but the market is already in a foul mood. european as i look are down between 2% and 3.5% and looking at the u.s. futures, the dow is down around 190 points. back to you. >> a rocky start already. steve sedgwick live for us this london this morning. thanks so much. >>> turn now to syria where activists say government troops have shot and killed nine people in the central city o
look at the markets. cnbc's steve sedgwick live for us there. what happened yesterday, my friend? >> it was quite incredible. as sue was talking there, the magnitude of these moves was stunning. the s&p, which is a broad brush index of the united states, reversed directions six times. the dow was down within half an hour after the fed announcement. and then, rallied 600 points off its low. the s&p at one stage, was in bare market territory, having growing 400%, in its april high. you are in bear market territory. as far as the markets are concerned today, they're quite calm. they opened up and stayed up. we haven't seen the huge reversals of fortune. the nikkei, that was up 1% today. i'm looking at the big european markets. london is steady, up at 1.5%. the german market, up 2.5%. and the 600-point range we saw yesterday, they're down just 19 points. all very calm. albeit for the moment. back to you. >> we'll take calm for now. steve sedgwick, live for us in london. >>> senate majority leader, harry reid, revealing his choices for the debt supercommittee, the group charged with c
day? we take an early look at the markets as we get up in your business this morning. steve sedgwick is live in london this morning. inside the most recent fed meeting what can we expect from this meeting? >> the u.s. futures for the dow which had a great rally over the last five or six sessions is taking it further away from what is near flat line performance for the year as of yesterday's close. we want to know just what the fomc is thinking, is there more quantitative easing during qe3 and how bad did they assess the state of the economy. the consumer confidence comes out hot on the heels of the best consumer spending figures we saw yesterday for around five months but it was across the board a really good rally yesterday the dow rallying over 200 points, not only on that consumer spending figure but also on the fact that hurricane irene was less damaging to a lot of metropolitan areas than many had feared and as such the insurers of travelers and the rest of the financial sector also had a very good run but a lot of expectation about the fomc and the confidence figure. >> steve t
at the markets as we get all up in your business this morning. we turn to cnbc's steve sedgewick, live in london for us. what's the latest on the markets? >> the latest is at one point, the open of the european indices, we thought we were going to have a much better day. they went into positive territory. now let me gif you a list of the biggest markets in europe and how they're performing. london is down the best part of 3%. the german market, which obviously represents the biggest economies in europe, one that's doing really well, was down 5% yesterday, is down 4.3% today so far. looking at the futures for the dow, the dow which closed down 5.5% in the 634 points yesterday, the dow is down again at start of trading, at the morning, .6 of 1% lower. it was down triple digits at one point. improving from the lower levels. >> so much of what's happening on wall street in the united states is tied to what's going on in europe. someone put it to me this way, that the countries are like our banks in 2008. in need of bailouts. is there even a european mechanism that could pull off something like that
because he won't make the cut. steve stricter is your leader at seven under. finally, we've held you in suspense long enough. nfl preseason last night, a welcome sight. the eagles are locked and loaded to make a run at the super bowl. michael vick connected with brent celek for the only touchdown of the game. form get the quarterback controversy between orton and tebow in denver, the go ahead touchdown later in the fourth. the cowboys marched down the field, steve mcgee to duane harris. dallas down. mcgee scrambled and found martin rubbingr in the end zone. what a finish, only the preseason. cowboys won it 24-23. that's your look at sports. jonathan back to you. >> fred roggin, thank you so much. coming up at the top of the hour on "morning joe," iowa's ames straw poll is just a day away, the candidates have their final word. now how will the voters respond? we'll talk to an all-star panel in just a few minutes. >>> and when we come back here, we'll gather around the water cooler to reveal the must-see moments from last night's debate. "way too early" will be right back. chronologica
't feel a thing. it feels solid. it feels stable. no pain. steve and i have had an amazing run. stevie is a hell of a caddy. no denying that. he's helped my career. and i think i helped his as well. we've been -- we've had a great partnership for 12 years, maybe more than that. won a bunch of tournaments. i felt it was time to change things up a bit. >> steve williams was most surprised by tiger's decision. red sox and indians at fenway last night. youkilis home run into the seats above the green monster. game tied at two. to the bottom of the ninth. jacobi ellsbury delivers a line drive to center field, jarrod saltalamacchia hustling around trying to score from second. great slide by the boston catcher. red sox win it on a walk-off. that was a walk-off win in the ninth. 3-2 is the score. yankees also won. still a game behind the sox in the a.l. east. >>> cardinals and brewers, good game. dangerous pitch. oh. drilled albert pujols in the hand. he would shake it off and stay in the game. that scares you. that was the head, actually. cardinals retaliate coming inside on ryan braun. you h
of business. as steve jobs and his various addictive devices push apple past exxonmobil to the top of one impressive list. we'll tell you what it is. >>> plus, why, why would you do this? the los angeles dodgers forced to release a statement after an usher takes a ball away from a sweet little kid. that story and the pennant races ahead in sports and we will of course get a check on weather. when "way too early" comes back. >>> if you think i'm going down to plead to with a bunch of hoodlums to obey the law, no we start all over again. if the people of this country don't realize that laws are to be obeyed and i don't care what color they are. we're in trouble. [ female announcer ] so you think your kids are getting enough vegetables? maybe not. v8 v-fusion juice gives them a full serving of vegetables plus a full serving of fruit. but it just tastes like fruit. [ male announcer ] get five dollars in money-saving coupons at v8juice.com. [ male announcer ] if it's true that sharks can sense even a drop of blood from a quarter of a mile away, which razor would you use? ♪ ♪ ♪ >>> welcom
a two under 68. he's six shots back of adam scott who incidentally is using woods' former caddy, steve williams. wouldn't that be a fun sunday pair figure that happens? >>> to baseball, giants and phillies in san francisco. grass slick for the phillies ball boy here, coming out -- kind of -- that's the bat boy taking a dive. giants threatening in the fourth. cliff lee strikes out cody ross, swinging to end the inning. in the ninth, lee gets ross looking. cliff lee tosses a complete game shutout. that pitching staff in philadelphia is ridiculous. phillies blank the giants 3-0. >>> alex rodriguez's publicist says the yankee third baseman is looking forward to cooperating with major league baseball as it investigates his alleged involvement in illegal high-stakes poker games. a-rod recovering from knee surgery in tampa had no comment. >>> the yankee have now won seven straight games. nova, the kid, struck out ten white sox batters in a-2 win. the yankees -- 7-2 win. the yankees on fire. boston lost to cleveland the yankees-red sox tied for first place in the american league east. they beg
Search Results 0 to 19 of about 20 (some duplicates have been removed)

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